MOTION FOR A RESOLUTION
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25.3.2015
PE552.287v01-00
 
B8-0304/2015

pursuant to Rule 133 of the Rules of Procedure


on the establishment of a special EU common fund to offset heavy financial losses incurred as a result of the partial embargo against Russia


Aldo Patriciello

Motion for a European Parliament resolution on the establishment of a special EU common fund to offset heavy financial losses incurred as a result of the partial embargo against Russia  
B8-0304/2015

The European Parliament,

–       having regard to Rule 133 of its Rules of Procedure,

A.     whereas the European Union decided in the wake of the Russian-Ukraine conflict to impose economic sanctions in the form of a partial embargo against Russia pending a peaceful resolution to the conflict;

B.     whereas these measures have been suspended at present following a temporary fall in the escalation of violence by Russia;

C.     whereas the cost incurred to date by the EU in lost exports comes to EUR 21 billion in total, according to a statement by the Spanish Foreign Minister at the Foreign Affairs Council;

D.     whereas Italian business people figure among the parties that have suffered the most in the EU from this embargo;

1.      Calls on the Commission to establish a special fund for Member States to offset all or part of the profits lost in the sectors affected, pending these sanctions being lifted.

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